Listing Details

Return to Search Result

714 7 Avenue NE - MLS® # A2296979

Property Details


List Price
$950,000
Living Area
1,573 sqft.
Bedrooms
2
Bathrooms
2 full, 1 half
Lot Size Area
409 m2|4,051 - 7,250 sqft
Taxes
N/A
Type
House
Style
N/A
Basement
Full (Finished)
Year Built
1933

Description

This is a rare opportunity to acquire a fully operational, high-performing short-term rental in one of Calgary’s most desirable inner-city communities. Located at 714 7th Avenue NE in Bridgeland/Renfrew, this property is just steps from downtown, transit, and the Bow River pathway system.The home is not simply suited for Airbnb use, it is already established as one of the top-performing three-bedroom short-term rentals in the city. It currently ranks among the highest in Calgary for gross revenue in its category, with 158 reviews, a 4.84 rating, and Superhost status. All performance metrics are documented and supported by AirDNA data.Over $125,000 has been invested into renovations, furnishings, design, and technology, with a clear focus on maximizing guest experience and occupancy. The interior features a cohesive Mexican hacienda-inspired design with custom tile work, warm tones, and thoughtfully curated spaces that photograph well and encourage repeat bookings.The home offers three bedrooms, including a king suite, along with flexible sleeping arrangements such as trundles and a Murphy bed, allowing for a total capacity of up to 10 guests. There are 2.5 bathrooms, making it well suited for larger groups.One of the most unique features of this property is the fully permitted conversion of the triple-car garage into a games and entertainment space. This area includes arcade games such as Pac-Man and Buck Hunter, foosball, a Murphy bed, a minibar, and a half bathroom. This addition significantly enhances both guest experience and revenue potential in a way that is difficult to replicate.Additional features include a private hot tub with updated components, a dedicated home gym with proper flooring and equipment, a professional-grade kitchen designed for group use, smart locks, smart TVs with streaming capabilities, high-speed Wi-Fi, and central air conditioning.The property is fully licensed under BL267439 and is actively operating on both Airbnb and VRB O. An experienced operations team is already in place and may be retained by the buyer, providing support with pricing strategy, guest communication, cleaning, maintenance, and claims management. This allows for a seamless transition with no interruption to revenue or operations.The property consistently benefits from strong seasonal demand, including significant revenue increases during events such as the Calgary Stampede.Comprehensive financial statements, market data, and a full buyer package are available to qualified purchasers. This is a turnkey investment that has been carefully built and optimized over time. (id:2469)

Features

Back lane, Closet Organizers, Level

Amenities

Park, Playground, Schools, Shopping

Listing Provided By

LPT Realty

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

Send us your questions about this property and we'll get back to you right away.

Send this to a friend, or email this to yourself

 Real Estate Listing provided by
  • Real Estate Professionals Inc.
  • 5403 CROWCHILD TRAIL NW
  • CALGARY, AB
  • T3B 4Z1